Gone are the days when Iain Robertson would refer to Kia as a ‘coming car company’, so well-paced has been its developmental curve and so highly regarded has its extensive model range become, factors exemplified by the latest Rio. Product launch plans for automotive companies are a scientific process that is unceasing in its consistent […]
Bibby Financial Services (BFS), has provided an £850,000 funding facility which includes invoice discounting and trade finance to H Bronnley and Co UK Ltd, a luxury soap and fragrance business which exports to partners worldwide. H Bronnley & Co supply a range of high-quality soaps and fragrances, with a rich heritage dating back to 1884. […]
The Financial Conduct Authority has taken the unusual step to seek legal clarity on business interruption insurance claims. A test case involving 500 policies from 40 insurers and 17 policy wordings will be scrutinised with the case keenly watched by businesses that have had claims rejected. Lucy Nash, an associate in the dispute resolution team […]
Homeowners that buy a property that has an annexe and therefore believe they have purchased two properties and can claim stamp duty relief may be disappointed, say leading tax and advisory firm Blick Rothenberg. Sean Randall, a partner at the firm said: Last month a tribunal ruled against two individuals that appealed against HMRC’s decision […]
Hope Capital today launches a new product range, taking into account the needs of individual customers and catering for the needs of different borrowers and their level of borrowing. The new set of products offers a MINI, MIDI and MAXI loan to choose from. The MINI Loan starts at just £50,000 and goes up to […]
A strong economic recovery following the coronavirus pandemic is likely, with conditions ripe for a quick turnaround, a new report suggests. The unusual nature of this recession could be a silver lining for recovery, the report by Oxford Economics said. GDP has fallen because of a planned, partial economic shutdown, so in theory activity and […]
This week RSM voiced concern over what it called the Bank of England’s (BoE) overly optimistic economic outlook at a time when businesses need to be ‘hoping for the best yet planning for the worst’ to give themselves a fighting chance of survival. Last week the BoE’s chief economist estimated that the UK economy was […]
In terms of its contribution to the UK economy, the wholesale, retail, maintenance and repair elements of the automotive industry are worth around £36 billion a year (SMMT figure) and could serve as a kick-starter for the wider economy. Ford’s dealer network accommodates roughly 1.2 million customer visits in a “normal” year – many of […]
A panel session with full audience participation on restructuring and turnaround, using insolvency ‘in Court’ and solvent ‘out of Court’ procedures. The panel will cover emerging law and custom, rescue and turnaround, emergency funding schemes and above all the role for professionals, asset experts, advisers and lenders post Corona. Date: 3rd June Time: 4.00pm – […]
The Leasing Foundation today announced that it has exciting projects in the pipeline for when lockdown finishes and we start getting used to the ‘new normal’ in the latter part of 2020 and beyond. With a refreshed purpose that will focus on driving growth and change across the business finance industry, the Foundation will provide […]
